3 Property Package – Meigs St. & Goodman St.

Description

High-Performing 3-Property Investment Portfolio – Meigs & S. Goodman | Turnkey + Value-Add

Prime 3-Property Investment Package – Meigs & S. Goodman Portfolio

Exceptional opportunity to acquire a 3-property, 3-unit investment package in a highly desirable Rochester location. This portfolio offers a strong in-place rent roll with immediate upside potential.

Included Properties:

• 755 Meigs St. – 2-bedroom unit with an 8-year long-term tenant paying $1,050/month (below market)
• 779 S. Goodman St. – 3-bedroom unit with a first-year tenant paying $1,800/month
• 817 S. Goodman St. – 1.5-bedroom unit with a third-year tenant paying $1,200/month

All units include full kitchen appliances and in-unit washer and dryer, providing added tenant convenience and rental appeal. Tenants are established and consistent.

Financials:

• Current Rent Roll: $48,600 annually
• Projected Rent Roll: ~$54,000 annually

Asking Price: $475,000 ($158,333 per unit)

This is a turnkey portfolio ideal for investors seeking stable cash flow with value-add potential through rent increases. Opportunity to acquire multiple properties in one transaction in a strong rental market.